AVP Treasury Operations

Job Description

Responsible for daily operational functions (multi-product) within the Treasury Operations Department, to facilitate timely and accurate processing. Assist in ensuring that all relevant daily, weekly and monthly controls & procedures are followed. Assist in managing Treasury Operations workflow, ensuring the timely and accurate processing of all treasury transactions:

Money Market, Securities and Derivative products

Qualifications

Five to Ten years processing experience, working with the following products and having corresponding in depth knowledge:

Products:

Money Markets: Placements and Borrowings – all currencies, CD’s, CP’s, FX (spot, forward and swaps), FX reval process, Repos and Reverse Repos, Cash Management (cash transfers among BNY Mellon, FRB, & State Street).

Securities: Treasuries (Bonds, Notes, Bills), Corporate Bonds, agency securities- GNMA, FNMA, FHLMC, SBA (proficient on coupon collection, factors, floating rates and delay).

Derivatives: MBS/ABS, CMO’s, CDO’s, CLO’s (, Interest rate SWAPS, Credit Default

Swaps – CDS, Swaptions, Options, Financial Futures, Caps & Floors, FRA’s

Systems, Exchanges and Custodians

Familiarity with trading systems affirmation platforms and market data services (Bloomberg, Markitserv, Trade Web, etc.)

Has worked with multiple securities custodians and clearing banks, Federal Reserve, BONY, JP Morgan Chase

Experience using different internal Trading Systems, Summit (Bond definitions setup), paragon,

SWIFT Alliance, Fedwire securities, DTC, Clearstream, Euroclear, CME, CBOE, LCH, LIFFE, etc.

Experience with system upgrades and migrations. User Acceptance and End to End Testing.

Documentation.

Skills: Good PC skills (Excel, Microsoft Word, etc.)

Knowledgeable of the changes for ISO 20022 (format changes, BIC codes)

Working knowledge of Actimize

Knowledge of macros, SQL, MS Access, Python is a plus

Strong analytical, communication and interpersonal skills.

Ability to multi-task & prioritize in a fast-paced environment, and when working with strict daily

processing deadlines.

Accuracy & attention to details

Must be able to interact effectively with Front Office personnel and counterparties.

College Degree Preferred

Essential Duties

Reconcile Daily Bond PL Report (Positions) from Summit against Front Office P/L Report
Check Daily RM Prices uploaded to Summit against Bond PL Prices
Check Summit “Expected Payments Report” in order to verify & maintain the daily cash position.
Verify trades input into the system by front office
Confirm trades, including via SWIFT MT 320.
Set up CUSIP schedules and input trades in Summit
Input and approve/accept trades and monitor settlements in Insight & GTM (State Street), BNY MMI system(CD’s & CP’s in Bank of New York)
Initiate Margin calls on TBA and Repo’s trades
Monitor
- “Treasury Edge Cash activity report” & daily cash position
- “Custody Net” (State Street) for cash settlements/P & I activities.
- “Insight” (State Street) for trade settlements, & advise fails.
- “Captain” (State Street) for Corporate Actions
Reconcile
- State Street Nostro account Vs. Midas postings daily
- Transit and Control accounts (Midas postings & balances daily)
- Daily cash position with BNY Mellon cash report and Front Office
- FX positions & confirm with Front Office
- Summit data Vs Kondor for Bonds and Repos
- Futures & Options P/L with Front Office (OPSTIE)
Process manual journal entries for differences/adjustments, etc.
Process trade assignment agreements
Maintain cash position for the bank
Reconcile & process of daily variation margin settlements (Futures & Options)
Perform market closing for the Futures and Options Desk• Transfer funds as needed for daily cash management
Provide backup for daily functions as needed
Reconcile accounts payable/receivable
Maintain departmental statistics: excel spreadsheets, files, archives, etc.
Provide Front Office with reports as requested (PLUPD, etc.)
Process and dispatch payments (FX, and USD)
Prepare and update the Pledged Assets Report

Hybrid

New York, New York

Salary: $140,000 - $150,000